The Cadbury Code Has Not Been Legislated into Law, and Compliance

question 29

Multiple Choice

The Cadbury Code has not been legislated into law, and compliance with the code is voluntary.

• A)However, the London Stock Exchange (LSE) currently requires that each listed company show whether the company is in compliance with the code and explain why if it is not.
• B)This "comply or explain" approach has apparently persuaded many companies to comply rather than explain.
• C)Currently, 90 percent of all LSE-listed companies have adopted the Cadbury Code.
• D)All of the above